Month: October 2021

Records Across The Board At Tattersalls October Book 3

Book 3 of the Tattersalls October Yearling Sale came to a close with a vibrant final session resulting in record turnover, average and median. A colt by exciting young sires Time Test led the way selling for 95,000 guineas on a day where seven lots sold for 50,000 guineas or more compared to only one last year.

The Dubawi stallion Time Test has made a flying start to his stud career with four individual group/listed winners in his first crop including the Group 3 Dick Poole winner Romantic Time and the listed St Hugh's Stakes winner Tardis. It has been no surprise therefore to see his yearlings in such high demand at the sales, and so it proved with the colt out of the Shamardal mare Purest who was knocked down to Montgomery Motto for 95,000 guineas.

Motto, who saw off underbidder Amanda Skiffington, was previously based in the U.S. and owned and trained his own team of horses at Calder, before moving to Europe a couple of years ago.

“This is one of the best athletes I have seen here and he has a lovely temperament to match,” said Motto. “It's hard to go wrong with a Shamardal mare and she has produced a useful runner abroad. I went a bit higher than planned, but the money nearly always finds the horse. He will go to Richard Brabazon for breaking and we will make plans from there.”

The colt was consigned by Ed Player's Whatton Manor Stud on behalf of breeder Nicky Welby who bought Purest at the 2013 Tattersalls July Sale for 12,000 guineas.

“We only really got her as a companion,” revealed Welby. “We had bought Western Pearl as a yearling, raced her with William Knight and were incredibly lucky as she got black-type. We thought we might as well have her at home and breed, so bought Purest to run with her.”

Whatton Manor Stud's Ed Player commented: “All the credit has to go to Nicky and her team at home. Her head man has been off with injury so they have been doing all the work. This colt got here looking fantastic, he has been incredibly well-behaved and as soon as he got here started eating his hay! Nicky and her team deserve 100 percent of the credit.”

The Tattersalls October Yearling Sale comes to a conclusion on Saturday, Oct. 16 with Book 4 which features 98 yearlings set to come under the hammer from 10 a.m.

The post Records Across The Board At Tattersalls October Book 3 appeared first on Horse Racing News | Paulick Report.

Source of original post

McCormack Sees Early Return From Ontario Mare Purchase Program

In the fall of 2019, Bernard McCormack took advantage of Ontario's Mare Purchase Program to acquire Uncle Mo mare Aunty Mo at the Keeneland November Breeding Stock Sale.

The mare, a $22,000 (USD) purchase, was in foal to Tourist and delivered a handsome colt in February 2020. In September the youngster was the fourth highest seller at the Canadian Premier Yearling Sale, hammered down for $120,000 to Al and Bill Ulwelling, helped along by his 2-year-old full-sister Mo Touring's first-out victory at Gulfstream Park in June.

“It's a great program assisting our local breeders in retooling their broodmare band and bringing in some new blood,” said McCormack of the Mare Purchase Program, which provided him a 50 percent (CAD) rebate on Aunty Mo's initial purchase price. “The sales in Kentucky are full of mares that could do well in our program, and so when you are sent shopping with a de-escalator for cost of roughly 40 percent, depending on the exchange rate, it pays a lot of initial bills with the new purchase.”

McCormack also took advantage of the program when he added Queen Martha, a $16,000 (USD) acquisition from the Fasig-Tipton Mixed Sale, to his broodmare program in February 2020. The mare's English Channel colt sold for $30,000 (USD) this fall at the Keeneland September Yearling Sale, less than one month before his 3-year-old full-brother, British Royalty, won the Breeders' Stakes.

“We had an outlay of $38,000 and we have those results, and they're not results that we had to wait years and years for, they're results that happened almost right away,” said McCormack, whose Cara Bloodstock currently houses six broodmares in Janetville, Ontario. “In terms of getting your money back, you get the check from the Mare Purchase Program, and then you get to breed them back — and breed them to an Ontario sire, you can get a little dividend if you do that — and so everywhere you look it's supporting the breeder.

“It's a program that I have my clients look at closely and pay attention to, and I know it's been hard to get across the border, but things are starting to open up so this opportunity might actually be a little bit more available, given that people can actually travel to the sales as the US border opens.”

For 2021-22 the Mare Purchase Program offers Ontario residents a 50 percent rebate, to a maximum of $25,000 (CAD), on the purchase of any in-foal mare sold for a minimum of $10,000 at seven Ontario Racing recognized public auctions. The maximum benefit to any individual or entity is $75,000 CAD and, upon purchase, mares must meet the Ontario Resident Mare requirements.

In addition, the Mare Recruitment Program offers non-residents the opportunity to receive a $5,000 rebate for each mare brought to Ontario to foal in 2022, to a maximum of $25,000 (CAD). Mares must be new arrivals to the province, or have changed hands through a recognized public auction for a minimum purchase price of $5,000 (USD), and must meet the Ontario Resident Mare requirements.

Breeders who participate in either program are also eligible for a $2,500 (CAD) incentive for all enrolled mares who are then bred to a registered Ontario Sire in 2022.

Complete details and eligibility requirements for all three incentives are available on the Ontario Thoroughbred Improvement Program (TIP) website.

“Two years ago we brought in 129 new in-foal mares to the province, of which 79 of them were bred back to Ontario sires. Ontario is one of, I think, three jurisdictions in North America where our live foals reported actually went up,” said Ontario Racing TIP committee member David Anderson. “So the program is working, and we've tweaked it a bit this year, increasing some of the caps, lowering the floor to allow more people to get in, making it easier for the local breeders. It's the only one of its kind in North America and I would encourage all Ontario breeders to take advantage of it.”

The post McCormack Sees Early Return From Ontario Mare Purchase Program appeared first on Horse Racing News | Paulick Report.

Source of original post

Verified by MonsterInsights